Developer docs
API playgroundTry for free, no card

Search company profiles

Motrec international inc

Full company profile

uuid0005pf7

Namestring
Motrec international inc
Legal namestring
Motrec International Inc.
Websiteurl
motrec.com
Company typeenum
Private
Founded yearint
1988
Descriptiontext

Motrec International Inc. is a specialized manufacturer of electric industrial vehicles founded in 1988 and headquartered in Sherbrooke, Quebec, Canada. The company designs and builds a complete portfolio of electric horizontal-transport vehicles organized into five core product series: MT (tow tractors with 10,000–50,000 lb towing capacity, including the heavy-duty MT-800), MC (burden carriers up to 5,000 lbs), MP (personnel carriers up to 11 passengers), MS (stock chasers up to 6,000 lbs towing), and MX (custom utility vehicles including refuse haulers, maintenance trucks, crane trucks, and ambulance configurations). Core technology centers on high-performance AC direct-drive powertrains, a Motrec-branded lithium battery solution designed for heavy-duty applications, and rugged all-steel unibody construction. In 2023 and 2025, Motrec extended into autonomous mobility through partnerships with Cyngn (MX160 AMR) and Anantak Robotics (MX340), adding 3D LiDAR-based 360-degree perception, Fleet Management System integration, and plug-and-play WMS/PLC connectivity.

The company generates revenue through four streams: direct and dealer-channel vehicle sales, parts and components, equipment leasing arrangements offered through dealers, and custom engineering services for application-specific vehicle modifications. Distribution runs through an established North American and international dealer network, supplemented by direct factory sales, cooperative purchasing programs (Sourcewell contracts through 2028/2030, Canoe Procurement Group covering 5,000+ Canadian public/non-profit organizations), and government procurement channels (GSA, DLA). The customer base spans automotive, aerospace, defense, manufacturing, beverage, retail, rental, and government sectors, with named enterprise clients including Whirlpool, General Electric, Raytheon, Pratt & Whitney, Hertz, Chrysler, Honda, Eaton, PPG Industries, and the U.S. Federal Bureau of Prisons. In September 2025, Norea Capital acquired Motrec International, installing Rodier Grondin as President & CEO to lead the next phase of growth and global expansion.

Short descriptiontext

Motrec International Inc., founded in 1988, designs and manufactures electric industrial vehicles — tow tractors, burden carriers, personnel carriers, stock chasers, and custom utility vehicles — for material handling across manufacturing, warehousing, aerospace, automotive, and government sectors.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersSherbrooke, Canada
HQ citystring
Sherbrooke
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
electric industrial vehicles, tow tractors, burden carriers, autonomous mobile robots, personnel carriers
Industry1 code
1Automated Guided Vehicles (AGVs) & Autonomous Mobile Robots (AMRs)
CodeIMAHABABPrimaryYes
NAICS code1 code
  • Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing333924
SIC code1 code
  • Industrial Trucks, Tractors, Trailors & Stackers3537
Product category
Industrial Electric Vehicles
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model4 records
1Vehicle Sales
TypeHardware Sales
Description

Direct sales of electric industrial vehicles including tow tractors, burden carriers, personnel carriers, stock chasers, and custom utility vehicles. Sales through dealer network and direct factory orders.

motrec.com
2Parts and Components
TypeHardware Sales
Description

Genuine Motrec replacement parts and components including accessories, batteries, chargers, motors, brakes, and other vehicle components. Parts designed for optimal component life and minimal vibration.

motrec.com
3Leasing
TypeLicensing Royalties
Description

Equipment leasing options to help customers get the right equipment while maintaining cash flow. Available through dealers and direct inquiries.

motrec.com
4Custom Engineering Services
TypeProfessional Services
Description

Engineering team customization of vehicle models for specific applications and environments. Charge for custom modifications and specialized configurations.

motrec.com
Marketing channels8 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Pricing details1 tier
1Vehicle pricing varies by model and configuration
ModelUnit PricingBilling cadenceMulti-year contract
Notes

Pricing varies by vehicle series (MT, MC, MP, MS, MX), motor configuration (36V, 48V, 80V), battery type (lead-acid, lithium), and customization options. Contact dealer or use online quote form for specific pricing.

motrec.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Motrec designs and manufactures electric industrial vehicles for the horizontal transportation of goods and people, including tow tractors, burden carriers, personnel carriers, stock chasers, and custom utility vehicles. The company offers these in five core series (MT, MC, MP, MS, MX) and has expanded into autonomous mobile robots through partnerships with Cyngn and Anantak Robotics. Supporting offerings include a lithium battery solution, replacement parts, trailers, and custom engineering services.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 6 values shown
  • Productivity increased by 4 times compared to forklifts
+5 more records
Product overview1 text field

Motrec International Inc is a designer and manufacturer of electric industrial vehicles for horizontal transportation of goods and people. The company offers a complete portfolio of five core vehicle series: MT Series tow tractors (10,000-50,000 lb capacity), MC Series burden carriers (up to 5,000 lb), MP Series personnel carriers (up to 11 passengers), MS Series stock chasers (up to 6,000 lb towing), and MX Series custom utility vehicles. Beyond conventional vehicles, Motrec has expanded into autonomous mobility through partnerships with Cyngn and Anantak Robotics, offering the MX160 and MX340 Autonomous Vehicles (AMR) with self-driving capabilities for industrial material transport. Supporting products include the Motrec Lithium Solution for extended battery runtime, various trailer configurations, and AC powertrain technology for enhanced efficiency. The company operates from Sherbrooke, Quebec, Canada, and has been in business since 1988.

Product and service11 records
1MT Series Tow Tractors
CategoryIndustrial Electric Vehicles
Description

Heavy-duty electric tow tractors for industrial applications, with towing capacities ranging from 10,000 to 50,000 pounds. Used in manufacturing plants, warehouses, and ground support operations to move loads via trailers.

2MC Series Burden Carriers
CategoryIndustrial Electric Vehicles
Description

Electric burden carriers designed for transporting heavy loads up to 5,000 pounds with multi-passenger configurations. Used in industrial facilities to move materials and personnel concurrently.

3MP Series Personnel Carriers
CategoryIndustrial Electric Vehicles
Description

Electric personnel carriers and trams for transporting up to 11 passengers with zero emissions. Used in large facilities, airports, and campuses for personnel transport.

4MS Series Stock Chasers
CategoryIndustrial Electric Vehicles
Description

Stand-up electric stock chasers and order pickers with towing capacity up to 6,000 pounds. Used in warehouses and distribution centers for picking and material handling.

5MX Series Custom Vehicles
CategoryIndustrial Electric Vehicles
Description

Fully customizable electric utility vehicles designed for specific applications including refuse haulers, maintenance trucks, crane trucks, ambulance vehicles, and vacuum trucks. Used by industrial and government buyers needing specialized vehicle configurations.

6MX160 Autonomous Vehicle (AMR)
CategoryAutonomous Industrial Vehicles
Description

Fully autonomous electric tugger developed in partnership with Cyngn, featuring 3D LiDAR sensors, 360-degree perception, virtual bumper safety system, and 12,000-pound towing capacity. Designed for indoor/outdoor material transport in industrial environments with remote fleet management capabilities.

7MX340 Autonomous Vehicle (AMR)
CategoryAutonomous Industrial Vehicles
Description

Fully autonomous tow tractor developed in partnership with Anantak Robotics, featuring all-condition autonomy for indoor/outdoor operation, 3D LiDAR and cameras for 360-degree awareness, and towing capacity up to 20,000 pounds. Includes plug-and-play PLC integration and rapid opportunity-charge batteries supporting up to 20 hours daily operation.

8Trailers
CategoryVehicle Accessories
Description

Tracking trailers designed to attach to Motrec tow tractors, burden carriers, and stock chasers to boost productivity. Various configurations available for different cargo types and applications.

9Motrec Lithium Solution
CategoryBattery and Power Systems
Description

Lithium-ion battery solution specifically designed for heavy-duty industrial vehicle applications, providing extended runtime, faster charging, and lower maintenance compared to traditional lead-acid batteries. Configurable across multiple vehicle series.

10Replacement Parts and Components
CategoryAftermarket Parts
Description

Genuine Motrec replacement parts and components including accessories, batteries, chargers, motors, and brakes, designed for optimal component life and minimal vibration.

11Custom Engineering Services
CategoryEngineering Services
Description

Engineering customization of Motrec vehicle models for specific applications and environments, including specialized configurations and modifications charged on a project basis.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2025-12-01
Description

Motrec and Anantak Robotics partnered to launch the fully autonomous MX340 tow tractor for industrial operations. Anantak provides the autonomy system with cameras and 3D LiDAR, while Motrec provides the rugged industrial vehicle platform capable of pulling up to 20,000 pounds.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2023-07-01
Description

Cyngn partnered with Motrec to launch a fleet of AI-powered autonomous vehicles. Motrec provides the rugged electric industrial vehicle platform (MT-160 Tuggers, BYD Forklifts) while Cyngn provides the DriveMod autonomous technology. The partnership enables autonomous material transport in industrial environments with features like 3D LiDAR sensors, 360-degree perception, and Fleet Management System.

Strategic tierMajorTypeChannel Partner/ Reseller/ Distributor
Description

Sourcewell awarded Motrec contracts for utility transport vehicles and airside ground equipment, enabling government agencies to purchase through cooperative purchasing programs.

Strategic tierMajorTypeChannel Partner/ Reseller/ Distributor
Description

Partnership with Canoe Procurement Group combining purchasing power of over 5,000 Canadian public and non-profit organizations to access Motrec vehicles at preferred rates.

Strategic tierMajorTypeChannel Partner/ Reseller/ Distributor
Description

Many Motrec dealers are partners of General Services Administration (GSA) and Defense Logistics Agency (DLA), enabling supply of Motrec vehicles to government agencies.

Recent move10 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Hyster-Yale (Hyster, Yale, Nuvera) produces electric industrial trucks, tow tractors, and automated lift truck solutions targeting warehouses, manufacturing, and ports — directly competing with Motrec's electric vehicle lineup while offering broader scale and automation capabilities.

TypeBroad incumbent
Description

Crown manufactures electric forklifts, tow tractors, and stock chasers with strong industrial customer overlap to Motrec. Comparable in AC powertrain adoption and dealer-led distribution, and operates as a much larger broad incumbent in industrial material handling.

TypeEmerging player
Description

MiR (a Teradyne company) builds autonomous mobile robots for material transport inside warehouses and factories — directly competing with Motrec's MX160 and MX340 AMR offerings, with broader autonomous fleet management capability and a much larger R&D base.

TypeOthers
Description

Cyngn is Motrec's technology partner for the DriveMod autonomous stack used in the MX160; comparable as an industrial AMR software/technology peer and adjacent rather than competing since Cyngn supplies Motrec's autonomy stack rather than selling its own vehicles.

TypeBroad incumbent
Description

Polaris's commercial division (Taylor-Dunn, GEM) builds electric burden carriers, stock chasers, and personnel carriers used in industrial and campus environments — directly comparable to Motrec's MC, MS, and MP series, with broader consumer/utility vehicle exposure as an incumbent.

TypeDirect peer
Description

Club Car manufactures electric utility and personnel vehicles for commercial, industrial, and government markets — directly competing with Motrec's MP personnel carriers and custom MX vehicles, particularly in airport, resort, and campus deployments.

TypeBroad incumbent
Description

Toyota's material handling division offers electric and IC tow tractors, burden carriers, and forklifts used in warehouses, factories, and airports — directly competing with Motrec's MT and MC series across most of Motrec's served segments. As a broad incumbent, Toyota also offers parts, service, and financing at much greater scale.

TypeBroad incumbent
Description

Kion's Linde and STILL brands manufacture electric counterbalance trucks, tow tractors, and automated warehouse vehicles with significant overlap to Motrec's MT series tow tractors in industrial, automotive, and airport ground support segments.

TypeDirect peer
Description

Columbia, owned by Polaris, manufactures electric utility vehicles, personnel carriers, and stock chasers sold through industrial and government dealers — a near-direct peer to Motrec's MP personnel carriers and MX custom utility vehicles, with a comparable all-steel construction approach.

TypeBroad incumbent
Description

German-headquartered Jungheinrich produces electric forklifts, tow tractors, and automated guided vehicles for warehouses and manufacturing, with a strong European footprint that competes with Motrec's industrial customers and channels in Europe.

Market position
Strengths1 record

Each record includes

Headline, Details, Source

Weaknesses1 record

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers26 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment7 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration3 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Motrec international inc

Industrial Electric Vehiclesmotrec.com

Motrec International Inc., founded in 1988, designs and manufactures electric industrial vehicles — tow tractors, burden carriers, personnel carriers, stock chasers, and custom utility vehicles — for material handling across manufacturing, warehousing, aerospace, automotive, and government sectors.

What Motrec international inc does

Motrec International Inc. is a specialized manufacturer of electric industrial vehicles founded in 1988 and headquartered in Sherbrooke, Quebec, Canada. The company designs and builds a complete portfolio of electric horizontal-transport vehicles organized into five core product series: MT (tow tractors with 10,000–50,000 lb towing capacity, including the heavy-duty MT-800), MC (burden carriers up to 5,000 lbs), MP (personnel carriers up to 11 passengers), MS (stock chasers up to 6,000 lbs towing), and MX (custom utility vehicles including refuse haulers, maintenance trucks, crane trucks, and ambulance configurations). Core technology centers on high-performance AC direct-drive powertrains, a Motrec-branded lithium battery solution designed for heavy-duty applications, and rugged all-steel unibody construction. In 2023 and 2025, Motrec extended into autonomous mobility through partnerships with Cyngn (MX160 AMR) and Anantak Robotics (MX340), adding 3D LiDAR-based 360-degree perception, Fleet Management System integration, and plug-and-play WMS/PLC connectivity.

The company generates revenue through four streams: direct and dealer-channel vehicle sales, parts and components, equipment leasing arrangements offered through dealers, and custom engineering services for application-specific vehicle modifications. Distribution runs through an established North American and international dealer network, supplemented by direct factory sales, cooperative purchasing programs (Sourcewell contracts through 2028/2030, Canoe Procurement Group covering 5,000+ Canadian public/non-profit organizations), and government procurement channels (GSA, DLA). The customer base spans automotive, aerospace, defense, manufacturing, beverage, retail, rental, and government sectors, with named enterprise clients including Whirlpool, General Electric, Raytheon, Pratt & Whitney, Hertz, Chrysler, Honda, Eaton, PPG Industries, and the U.S. Federal Bureau of Prisons. In September 2025, Norea Capital acquired Motrec International, installing Rodier Grondin as President & CEO to lead the next phase of growth and global expansion.

Motrec international inc firmographics

Firmographics
Name
Motrec international inc
Legal name
Motrec International Inc.
Website
https://motrec.com
Company type
Private
Founded year
1988
Operating status
Operating
Headcount range
51–100 employees
Short description
Motrec International Inc., founded in 1988, designs and manufactures electric industrial vehicles — tow tractors, burden carriers, personnel carriers, stock chasers, and custom utility vehicles — for material handling across manufacturing, warehousing, aerospace, automotive, and government sectors.
Ownership category
akta.pro rank

Motrec international inc industry classification

Industry
Product category
Industrial Electric Vehicles
NAICS
Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing (333924)
SIC
Industrial Trucks, Tractors, Trailors & Stackers (3537)
akta.pro primary industry
Automated Guided Vehicles (AGVs) & Autonomous Mobile Robots (AMRs) (IMAHABAB)

Keywords

  • Electric industrial vehicles
  • Tow tractors
  • Burden carriers
  • Autonomous mobile robots
  • Personnel carriers

Where Motrec international inc is headquartered

Location

Headquarters

HQ city
Sherbrooke
HQ country
Canada
HQ region
North America

Offices3 records

Markets served

Motrec international inc business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

  1. Vehicle Sales: Direct sales of electric industrial vehicles including tow tractors, burden carriers, personnel carriers, stock chasers, and custom utility vehicles. Sales through dealer network and direct factory orders.
  2. Parts and Components: Genuine Motrec replacement parts and components including accessories, batteries, chargers, motors, brakes, and other vehicle components. Parts designed for optimal component life and minimal vibration.
  3. Leasing: Equipment leasing options to help customers get the right equipment while maintaining cash flow. Available through dealers and direct inquiries.
  4. Custom Engineering Services: Engineering team customization of vehicle models for specific applications and environments. Charge for custom modifications and specialized configurations.

Pricing tiers

ModelBillingPrice
Unit PricingMulti-year contractVehicle pricing varies by model and configuration

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Motrec international inc product offering

Product offering

Core offering

Motrec designs and manufactures electric industrial vehicles for the horizontal transportation of goods and people, including tow tractors, burden carriers, personnel carriers, stock chasers, and custom utility vehicles. The company offers these in five core series (MT, MC, MP, MS, MX) and has expanded into autonomous mobile robots through partnerships with Cyngn and Anantak Robotics. Supporting offerings include a lithium battery solution, replacement parts, trailers, and custom engineering services.

Product overview

Motrec International Inc is a designer and manufacturer of electric industrial vehicles for horizontal transportation of goods and people. The company offers a complete portfolio of five core vehicle series: MT Series tow tractors (10,000-50,000 lb capacity), MC Series burden carriers (up to 5,000 lb), MP Series personnel carriers (up to 11 passengers), MS Series stock chasers (up to 6,000 lb towing), and MX Series custom utility vehicles. Beyond conventional vehicles, Motrec has expanded into autonomous mobility through partnerships with Cyngn and Anantak Robotics, offering the MX160 and MX340 Autonomous Vehicles (AMR) with self-driving capabilities for industrial material transport. Supporting products include the Motrec Lithium Solution for extended battery runtime, various trailer configurations, and AC powertrain technology for enhanced efficiency. The company operates from Sherbrooke, Quebec, Canada, and has been in business since 1988.

Differentiator

Problem solved

Functional benefit

Products and services

  • MT Series Tow Tractors Heavy-duty electric tow tractors for industrial applications, with towing capacities ranging from 10,000 to 50,000 pounds. Used in manufacturing plants, warehouses, and ground support operations to move loads via trailers.
  • MC Series Burden Carriers Electric burden carriers designed for transporting heavy loads up to 5,000 pounds with multi-passenger configurations. Used in industrial facilities to move materials and personnel concurrently.
  • MP Series Personnel Carriers Electric personnel carriers and trams for transporting up to 11 passengers with zero emissions. Used in large facilities, airports, and campuses for personnel transport.
  • MS Series Stock Chasers Stand-up electric stock chasers and order pickers with towing capacity up to 6,000 pounds. Used in warehouses and distribution centers for picking and material handling.
  • MX Series Custom Vehicles Fully customizable electric utility vehicles designed for specific applications including refuse haulers, maintenance trucks, crane trucks, ambulance vehicles, and vacuum trucks. Used by industrial and government buyers needing specialized vehicle configurations.
  • MX160 Autonomous Vehicle (AMR) Fully autonomous electric tugger developed in partnership with Cyngn, featuring 3D LiDAR sensors, 360-degree perception, virtual bumper safety system, and 12,000-pound towing capacity. Designed for indoor/outdoor material transport in industrial environments with remote fleet management capabilities.
  • MX340 Autonomous Vehicle (AMR) Fully autonomous tow tractor developed in partnership with Anantak Robotics, featuring all-condition autonomy for indoor/outdoor operation, 3D LiDAR and cameras for 360-degree awareness, and towing capacity up to 20,000 pounds. Includes plug-and-play PLC integration and rapid opportunity-charge batteries supporting up to 20 hours daily operation.
  • Trailers Tracking trailers designed to attach to Motrec tow tractors, burden carriers, and stock chasers to boost productivity. Various configurations available for different cargo types and applications.
  • Motrec Lithium Solution Lithium-ion battery solution specifically designed for heavy-duty industrial vehicle applications, providing extended runtime, faster charging, and lower maintenance compared to traditional lead-acid batteries. Configurable across multiple vehicle series.
  • Replacement Parts and Components Genuine Motrec replacement parts and components including accessories, batteries, chargers, motors, and brakes, designed for optimal component life and minimal vibration.
  • Custom Engineering Services Engineering customization of Motrec vehicle models for specific applications and environments, including specialized configurations and modifications charged on a project basis.

Quantifiable outcome

  • Productivity increased by 4 times compared to forklifts
  • +5 more outcomes

Companies that use Motrec international inc

Customer profile

Named customers26 records

Segments7 records

Ideal customer profiles3 records

Motrec international inc technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

Motrec international inc partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and major.

  • Anantak RoboticscoreTechnology or Integration · 1 December 2025Motrec and Anantak Robotics partnered to launch the fully autonomous MX340 tow tractor for industrial operations. Anantak provides the autonomy system with cameras and 3D LiDAR, while Motrec provides the rugged industrial vehicle platform capable of pulling up to 20,000 pounds.
  • CyngncoreTechnology or Integration · 1 July 2023Cyngn partnered with Motrec to launch a fleet of AI-powered autonomous vehicles. Motrec provides the rugged electric industrial vehicle platform (MT-160 Tuggers, BYD Forklifts) while Cyngn provides the DriveMod autonomous technology. The partnership enables autonomous material transport in industrial environments with features like 3D LiDAR sensors, 360-degree perception, and Fleet Management System.
  • SourcewellmajorChannel Partner/ Reseller/ DistributorSourcewell awarded Motrec contracts for utility transport vehicles and airside ground equipment, enabling government agencies to purchase through cooperative purchasing programs.
  • Canoe Procurement Group of CanadamajorChannel Partner/ Reseller/ DistributorPartnership with Canoe Procurement Group combining purchasing power of over 5,000 Canadian public and non-profit organizations to access Motrec vehicles at preferred rates.
  • GSA and DLAmajorChannel Partner/ Reseller/ DistributorMany Motrec dealers are partners of General Services Administration (GSA) and Defense Logistics Agency (DLA), enabling supply of Motrec vehicles to government agencies.

Scale indicators6 records

Recent moves10 records

Expansion highlights6 records

Motrec international inc competitors and assessment

Company assessment

Broad incumbents

  • Hyster-Yale Materials Handling: Hyster-Yale (Hyster, Yale, Nuvera) produces electric industrial trucks, tow tractors, and automated lift truck solutions targeting warehouses, manufacturing, and ports — directly competing with Motrec's electric vehicle lineup while offering broader scale and automation capabilities.
  • Crown Equipment Corporation: Crown manufactures electric forklifts, tow tractors, and stock chasers with strong industrial customer overlap to Motrec. Comparable in AC powertrain adoption and dealer-led distribution, and operates as a much larger broad incumbent in industrial material handling.
  • Polaris (Taylor-Dunn / GEM): Polaris's commercial division (Taylor-Dunn, GEM) builds electric burden carriers, stock chasers, and personnel carriers used in industrial and campus environments — directly comparable to Motrec's MC, MS, and MP series, with broader consumer/utility vehicle exposure as an incumbent.
  • Toyota Material Handling: Toyota's material handling division offers electric and IC tow tractors, burden carriers, and forklifts used in warehouses, factories, and airports — directly competing with Motrec's MT and MC series across most of Motrec's served segments. As a broad incumbent, Toyota also offers parts, service, and financing at much greater scale.
  • Kion Group (Linde Material Handling): Kion's Linde and STILL brands manufacture electric counterbalance trucks, tow tractors, and automated warehouse vehicles with significant overlap to Motrec's MT series tow tractors in industrial, automotive, and airport ground support segments.
  • Jungheinrich: German-headquartered Jungheinrich produces electric forklifts, tow tractors, and automated guided vehicles for warehouses and manufacturing, with a strong European footprint that competes with Motrec's industrial customers and channels in Europe.

Emerging players

  • Mobile Industrial Robots (MiR): MiR (a Teradyne company) builds autonomous mobile robots for material transport inside warehouses and factories — directly competing with Motrec's MX160 and MX340 AMR offerings, with broader autonomous fleet management capability and a much larger R&D base.

Others

  • Cyngn: Cyngn is Motrec's technology partner for the DriveMod autonomous stack used in the MX160; comparable as an industrial AMR software/technology peer and adjacent rather than competing since Cyngn supplies Motrec's autonomy stack rather than selling its own vehicles.

Direct peers

  • Club Car (Platinum Equity): Club Car manufactures electric utility and personnel vehicles for commercial, industrial, and government markets — directly competing with Motrec's MP personnel carriers and custom MX vehicles, particularly in airport, resort, and campus deployments.
  • Columbia Vehicle Group (Polaris): Columbia, owned by Polaris, manufactures electric utility vehicles, personnel carriers, and stock chasers sold through industrial and government dealers — a near-direct peer to Motrec's MP personnel carriers and MX custom utility vehicles, with a comparable all-steel construction approach.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Motrec international inc social profiles

Digital presence

Motrec international inc compliance and trust

Trust signal

Compliance1 record

Motrec international inc financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Motrec international inc leadership team

Management profile

Number of profiles

Profiles5 records

Motrec international inc funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Motrec international inc M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Motrec international inc

What does Motrec international inc do?

Motrec designs and manufactures electric industrial vehicles for the horizontal transportation of goods and people, including tow tractors, burden carriers, personnel carriers, stock chasers, and custom utility vehicles. The company offers these in five core series (MT, MC, MP, MS, MX) and has expanded into autonomous mobile robots through partnerships with Cyngn and Anantak Robotics. Supporting offerings include a lithium battery solution, replacement parts, trailers, and custom engineering services.

Is Motrec international inc a public or private company?

Motrec international inc is a private company. It is classified as private equity controlled and is currently operating.

When was Motrec international inc founded?

Motrec international inc was founded in 1988. It employs 51 to 100 people.

Where is Motrec international inc based?

Motrec international inc is headquartered in Sherbrooke, Canada, in the North America region.

How does Motrec international inc make money?

Four revenue lines are on record. Vehicle Sales are the primary driver. The others are parts and Components, leasing and custom Engineering Services.

Who are Motrec international inc's main competitors?

Broad incumbents on record are Hyster-Yale Materials Handling, Crown Equipment Corporation, Polaris (Taylor-Dunn / GEM), Toyota Material Handling, Kion Group (Linde Material Handling) and Jungheinrich. Mobile Industrial Robots (MiR) is listed as an emerging player. Cyngn is listed as an others. Direct peers are Club Car (Platinum Equity) and Columbia Vehicle Group (Polaris).

Does Motrec international inc have an API?

No public API is recorded for Motrec international inc.

What industry is Motrec international inc in?

Motrec international inc's product category is Industrial Electric Vehicles. Its primary akta.pro industry code is IMAHABAB, Automated Guided Vehicles (AGVs) & Autonomous Mobile Robots (AMRs). Its NAICS code is 333924 and its SIC code is 3537.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
Market ScoopTow Tractor MarketThe Global Tow Tractor Market is projected to grow from USD 1.9 billion in 2024 to USD 3.0 billion by 2034, representing a compound annual growth rate of 4.5% during the forecast period from 2025 to 2034. The market, valued at USD 0.8 billion in North America alone in 2024, is driven by increasing demand for automation in logistics, warehouses, and airport ground support operations, with electric tow tractors dominating the power source segment at 67.3% share. Recent strategic acquisitions in the sector include Norea Capital's purchase of Motrec International and CSI Leasing's majority stake in Aeroservicios USA, both announced in September 2025, reflecting ongoing consolidation in the ground support equipment industry.Investing.comCyngn reports growth with new autonomous vehicle deals By Investing.comCyngn announced partnerships with Arauco, US Continental, Motrec, and BYD, including a pre-order for 100 DriveMod forklifts and a contract for tuggers. The company holds 19 U.S. patents and released Enterprise Autonomy Suite 9.0, aiming to boost productivity amid labor shortages.PR NewswireCyngn to Attend the American Aerospace and Defense Summit with Motrec International Inc. to Capitalize on Recent Commercial AnnouncementsCyngn Inc. announced it will attend the American Aerospace and Defense Summit on December 4-5, 2023 in Fort McDowell, AZ alongside Motrec International Inc., a leadership-focused event for aerospace and defense manufacturing. The company highlighted its DriveMod Tugger autonomous vehicle with a 6,000-pound towing capacity as a key product for industrial material handling in these sectors. The article serves as an event preview and promotional announcement rather than reporting any specific commercial deal or outcome.PR NewswireIndustrial Personnel and Burden Carriers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024This market research report analyzes the global industrial personnel and burden carriers (electric) market from 2015 to 2024, examining trends, growth drivers, and market opportunities. The report identifies rapid industrialization in developing countries, particularly across the Asia Pacific region including China, India, and Japan, and increasing demand for operational efficiency as key factors driving market growth. It profiles major industry players including Columbia Par Car Corporation, Bradshaw Electric Vehicles, E-Z-GO, Pack Mule, and Motrec International, and identifies the Asia Pacific region as the fastest-growing market for these electric vehicles.